Here is something interesting.Please don't forget that, although Uragold changed its name and loaded up with all these great Gold properties, it still has their uranium properties that help drive the stock last time. Yes they will continue to focus on the gold properties but shareholders should not forget that the uranium is still where they left it and it should bring some extra value to the company. I'm not a big uranium fan but value is value. Here is a recent article from the Post. Uranium will and is coming back in favor....UBR has tonnes of it. Should be interesting, especially when the stock is still at 0.05. Still long and looking to buy more.
Cheers
please do your due diligence
Post says put Uranium One, others on watch list
Uranium One Inc(C:UUU)
Shares Issued 589,117,963
Last Close10/22/2010 $3.83
Monday October 25 2010 - In the News
Also Cameco Corp (C:CCO)In the News
Also Paladin Energy Ltd (C:PDN)In the News
The Financial Post reports in its Saturday editionthat uranium prices started moving higher in 2004 with the rest of theglobal commodity surge but its popularity waned when the marketscorrected. Guest columnist Kim Inglis writes that uranium is nowregaining popularity as governments look for large-scale energy sourcesto meet huge future power demands. Investors may want to put it on theirradar screens too.China Nuclear Power Corp. said it plans to invest $117.6-billion (U.S.)in nuclear power projects by 2020. Russia's state-owned nuclear holdingcompany, Rosatom's ARMZ subsidiary is in the process of acquiring acontrolling stake in Uranium One, and a top priority is to increase itsmarket value by international growth through uranium mining.BHP Billiton PLC has also started talking about uranium. Shouldinvestors start paying more attention to uranium? Although the case isstill being made for uranium's near-term potential, they certainly wouldbe prudent to put it on their watch list.One way to participate in the growing global demand for uranium andnuclear power is through the Market Vectors Nuclear Energy ETF, whichincludes Cameco, Paladin Energy and Uranium One among its holdings.